If a Martian landed on Earth…
If a Martian landed on Earth and would have focused on financial markets as a proxy for the Earthly society, he would have concluded that things are going par course from 2019: 1) US Equities are +12% (well, stock market owes us! 🙂 2) Technology leads (certainly!! 🙂 3) Bitcoin is up +90% (totally logical ...
Delta Airlines and Southwest Airlines at the absolute bottom in March-April 2020.
As we forecasted, now it looks that Warren Buffett (nothing personal) made another blunder,By selling Delta Airlines and Southwest Airlines at the absolute bottom in March-April 2020.Both stocks are up +80-100% since then.We understand that he was scared (respectfully), well… ...
US Dollar weakness is a good guide to the further strength of Crude Oil.
The continuing US Dollar weakness is a good guide to the further strength of Crude Oil. Better not use the DXY but the Trade Weighted US Dollar index which includes other important countries including China, Brazil, Russia, India, etc. See the chart of Brent Oil vs. Trade Weighted US Dollar… Yes, the chart argues for ...
The list of attractive stocks with recovery potential.
This is the list of attractive stocks with recovery potential, with 5% dividend Where you are getting paid to wait.. ...
Not only Mega Tech and Growth stocks are doing ok..
The encouraging thing about the stock market, is the growing breadth of this market. Not only Mega Tech and Growth stocks are doing ok, but also cheap and smaller companies started outperforming. Look at the chart of S&P500 vs. RSP (Equal Weighted S&P500 Index) RSP is +5.5% last 30D vs. S&P500 is up “only” 3.1% Not ...
Technology weight in the S&P500 is about 28%…
Because Technology weight in the S&P500 is about 28% and Energy is mere 2.8%.Even a 15% outflow from Tech into Energy would still keep the Tech weight at the dominant 25%,while Energy stocks would more than double!That is how polarized valuations are nowadays! ...